Western Financial Corp/CA
Long book
$255.5M
Q1 2026
Positions
127
Top-10 weight
50%
concentration
Last quarter
+28.9%
SPY +14.8%
Turnover
42%
of book per quarter
Strategy in plain words
auto-generated from filingsWestern Financial Corp/CA is a diversified fundamental manager, running a $255.5M US long book across 127 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ARROWHEAD PHARMACEUTICALS IN, ENTERPRISE FINANCIAL SERVICE, WELLS FARGO & CO, INTEL CORP, GENERAL ELECTRIC.
Over the last 9 quarters its long book ran on average 2.6pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.8%
Q2 2024
+3.0%
Q3 2024
+4.7%
Q4 2024
-5.5%
Q1 2025
+14.5%
Q2 2025
+12.4%
Q3 2025
+9.5%
Q4 2025
-4.9%
Q1 2026
+28.9%
Sector allocation
Healthcare 28%
Financials 23%
Technology 19%
Industrials 18%
Consumer discretionary 4%
Other 3%
Services media 2%
Communications 1%
Long book by quarter
What does Western Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ARWR ARROWHEAD PHARMACEUTICALS IN | Healthcare | 820.2K | $51.4M | 20.1% | Held |
| EFSC ENTERPRISE FINANCIAL SERVICE | Financials | 576.5K | $31.2M | 12.2% | -0.2% |
| WFC WELLS FARGO & CO | Financials | 98.1K | $7.8M | 3.1% | +1.7% |
| INTC INTEL CORP | Technology | 161.0K | $7.1M | 2.8% | +5.2% |
| GE GENERAL ELECTRIC | Industrials | 20.0K | $5.7M | 2.2% | -0.2% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 41.2K | $4.9M | 1.9% | +28.9% |
| CAT CATERPILLAR INC | Industrials | 6.8K | $4.8M | 1.9% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 5.6K | $4.8M | 1.9% | +29.6% |
| LRCX LAM RESEARCH CORP | Industrials | 21.2K | $4.5M | 1.8% | +189.5% |
| GM GENERAL MOTORS CO | Industrials | 60.1K | $4.5M | 1.8% | New |
| WMT WALMART INC | Consumer discretionary | 35.7K | $4.4M | 1.7% | +9.6% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 10.3K | $4.0M | 1.6% | +85.7% |
| AMAT APPLIED MATERIALS INC | Technology | 11.7K | $4.0M | 1.6% | New |
| LLY ELI LILLY & CO | Healthcare | 4.2K | $3.8M | 1.5% | +32.5% |
| MMM 3M CO | Healthcare | 26.0K | $3.8M | 1.5% | +23.1% |
| GOOGL ALPHABET INC-CL A | Technology | 12.8K | $3.7M | 1.4% | +46.7% |
| LMT LOCKHEED MARTIN CORP | Industrials | 6.0K | $3.6M | 1.4% | New |
| TSLA TESLA INC | Industrials | 7.9K | $2.9M | 1.1% | +32.7% |
| ADI ANALOG DEVICES INC | Technology | 9.2K | $2.9M | 1.1% | New |
| MU MICRON TECHNOLOGY INC | Technology | 7.7K | $2.6M | 1.0% | -32.5% |
| GOOG ALPHABET INC-CL C | Technology | 8.8K | $2.5M | 1.0% | +412.8% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.9K | $2.5M | 1.0% | New |
| GEV GE VERNOVA INC | Industrials | 2.8K | $2.5M | 1.0% | -22.2% |
| WDC WESTERN DIGITAL CORP | Technology | 9.1K | $2.5M | 1.0% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 84.7K | $2.3M | 0.9% | -6.2% |
| AMD ADVANCED MICRO DEVICES | Technology | 9.6K | $1.9M | 0.8% | -69.2% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 20.7K | $1.9M | 0.7% | -6.3% |
| AVGO BROADCOM INC | Technology | 6.1K | $1.9M | 0.7% | -5.3% |
| KLAC KLA CORP | Other | 1.3K | $1.9M | 0.7% | New |
| RCL ROYAL CARIBBEAN CRUISES LTD | Industrials | 6.7K | $1.8M | 0.7% | -6.0% |
| APH AMPHENOL CORP-CL A | Technology | 14.0K | $1.8M | 0.7% | +2.9% |
| META META PLATFORMS INC-CLASS A | Technology | 3.1K | $1.8M | 0.7% | -1.6% |
| AZO AUTOZONE INC | Consumer discretionary | 509 | $1.7M | 0.7% | -6.6% |
| AAPL APPLE INC | Technology | 6.5K | $1.6M | 0.6% | +59.7% |
| TDG TRANSDIGM GROUP INC | Industrials | 1.4K | $1.6M | 0.6% | -3.0% |
| PWR QUANTA SERVICES INC | Industrials | 2.7K | $1.5M | 0.6% | -11.4% |
| NVDA NVIDIA CORP | Technology | 8.2K | $1.4M | 0.6% | -33.9% |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 4.6K | $1.4M | 0.6% | -4.3% |
| HWM HOWMET AEROSPACE INC | Industrials | 6.0K | $1.4M | 0.5% | -19.1% |
| NET CLOUDFLARE INC - CLASS A | Technology | 6.2K | $1.3M | 0.5% | -7.6% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 3.9K | $1.3M | 0.5% | -12.3% |
| EQT EQT CORP | Energy | 19.9K | $1.3M | 0.5% | -2.6% |
| TER TERADYNE INC | Technology | 4.2K | $1.3M | 0.5% | New |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 18.7K | $1.3M | 0.5% | -11.8% |
| RTX RTX CORP | Industrials | 6.0K | $1.2M | 0.5% | New |
| MA MASTERCARD INC - A | Services media | 2.1K | $1.0M | 0.4% | -30.0% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 2.6K | $1.0M | 0.4% | -66.5% |
| EXPE EXPEDIA GROUP INC | Industrials | 4.2K | $972K | 0.4% | New |
| ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 2.9K | $948K | 0.4% | +4.9% |
| JPM JPMORGAN CHASE & CO | Financials | 3.2K | $940K | 0.4% | +28.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 127 | $255.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 21, 2026 | 113 | $252.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 120 | $229.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 122 | $186.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 121 | $172.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 127 | $182.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 120 | $176.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 116 | $165.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 114 | $163.2M | canonical | SEC ↗ |
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